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The Bloomberg article is incomplete, it doesn't mention that depending on how big the error is it could be considered securities fraud and that might automatica
by emteycz 4y ago
The Bloomberg article is incomplete, it doesn't mention that depending on how big the error is it could be considered securities fraud and that might automatically void the agreement.
- arinlen 4y ago> The Bloomberg article is incomplete, it doesn't mention that depending on how big the error is it could be considered securities fraud and that might automatically void the agreement. No, not really. The Bloomberg article goes into great lengths about the implications of a lower than expected number of active users accounts, and points out in no unclear terms that the claim does not even hold if that number is significantly large, mentioning even half the number of users.